NOT LISTED FOR SALE

2922 Johnson Ave NW Cedar Rapids, IA 52405

Estimated Value: $192,711 - $234,000

4 Beds
3 Baths
1,456 Sq Ft
$150/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $200,000 $137 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,388/month

Highlights

  • Deck
  • Forced Air Cooling System
  • Garage

About This Home

As of May 2023

Looking for that elusive side by side for your investment portfolio? This is the one. 2924 had been lived in for 16 years by the same tenant before health problems. 2922 has been lived in by the same tenant for 14 years and is still there. 2924 has been completely remodeled. New kitchen, new kitchen appliances, new engineered flooring in kitchen and bathroom, new bathroom, new carpet in LR, hardwood floors refinished in the two bedrooms. Each two bedroom unit has a drive under garage and basement with their own washer and dryer. 2922 has a ¾ bath in the basement area and a deck off the back, too. Tenant pays for all utilities that are separately metered.

Last Agent to Sell the Property

Cal Ernst

Realty87 Listed on: 03/08/2023

Realty87

Last Buyer's Agent

Hayden Ostwinkle

Realty87

Realty87

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,828

Year Built

  • 1962

Parking

  • Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,456 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Separate Meters

Additional Features

  • Deck
  • Lot Dimensions are 66 x 100

Community Details

  • No Pets Allowed

Listing and Financial Details

  • Tenant pays for water, electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,828

Year Built

1962

Lot Details

0

Listing Details

  • City Name: Cedar Rapids
  • Gross Tax: 2828
  • List User Cell Phone: 319-329-8003
  • Miscellaneous: Deck/Patio, Garage, Sep. Meter – Electric, Sep. Meter – Gas, Sep. Meter – Water, Ten Storag, Unit Laundry
  • Net Tax: 2828
  • Noof Units Two Bedroom: 2
  • Property Sub Types: 1-4 Units
  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 137.36
  • Total Sq Ft: 1456
  • Style St: Side/Side
  • Tenants Responsibilities Include: Water, Electricity, Gas
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Basement: Full, Pour

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

  • Elementary School: Cleveland
  • Middle School: Roosevelt
  • High School: Jefferson

Lot Info

  • Lot Size: 66 X 100

Rental Info

  • Pets: Pets Not Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2023
Closed on
Apr 28, 2023
Sold by
Eichler Edward C and Eichler Jeanne M
Bought by
Ostwinkle Hayden and Ostwinkle Todd
Seller's Agent
Cal Ernst
Realty87
Buyer's Agent
Hayden Ostwinkle
Realty87
List Price
$200,000
Sold Price
$200,000
Views
29
Current Estimated Value
$218,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,678
Avg. Annual Appreciation
3.77%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ostwinkle Hayden $200,000 None Listed On Document
Ostwinkle Hayden $200,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $200,000 0.0% $137 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $200,000 -- $137 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,796 $174,400 $33,000 $141,400
2024 $2,758 $166,400 $30,100 $136,300
2023 $2,758 $158,000 $30,100 $127,900
2022 $2,600 $130,800 $25,800 $105,000
2021 $2,630 $125,500 $25,800 $99,700
2020 $2,630 $119,200 $22,900 $96,300
2019 $2,440 $113,200 $22,900 $90,300
2018 $2,372 $113,200 $22,900 $90,300
2017 $2,376 $109,100 $22,900 $86,200
2016 $2,348 $110,500 $22,900 $87,600
2015 $2,410 $113,242 $22,926 $90,316
2014 $2,410 $114,086 $22,926 $91,160
2013 $2,376 $114,086 $22,926 $91,160
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2301406

Cedar Rapids Area Association of REALTORS®

APN: 14302-26014-00000